T 
35.90
+4.06%
Close of 9 Nov 2026, in TWD
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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.
At a glance
Figures in TWD, from our data supplier.
Revenue
TWD 220.4m
FY2016FY2025
Net income
TWD 58.9m
FY2016FY2025
Free cash flow
TWD 45.6m
FY2016FY2025
Shareholders' equity
TWD 685.1m
FY2016FY2025
Income statement
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 220.4m | TWD 96.6m | TWD 72.8m | TWD 127.3m | TWD 41.7m | TWD 18.1m | TWD 16.5m | TWD 1.0m | TWD 1.9m | TWD 1.6m |
| Gross profit | TWD 134.8m | TWD 57.3m | TWD 47.1m | TWD 90.4m | TWD 32.1m | TWD 14.7m | TWD 14.3m | TWD 391,000 | TWD 601,000 | TWD 518,000 |
| Research and development | TWD 23.6m | TWD 31.1m | TWD 22.8m | TWD 32.1m | TWD 65.4m | TWD 56.5m | TWD 59.8m | TWD 44.6m | TWD 38.3m | TWD 27.0m |
| Operating income | TWD 60.8m | −TWD 11.2m | −TWD 14.2m | TWD 25.5m | −TWD 56.7m | −TWD 65.1m | −TWD 73.1m | −TWD 67.9m | −TWD 53.0m | −TWD 36.6m |
| Net income | TWD 58.9m | −TWD 1.7m | −TWD 10.1m | TWD 33.8m | −TWD 47.4m | −TWD 55.4m | −TWD 71.3m | −TWD 60.5m | −TWD 49.6m | −TWD 32.6m |
| Diluted earnings per share | 1.40 | -0.04 | -0.24 | 0.80 | -1.44 | -1.61 | -2.16 | -1.94 | -1.86 | -1.58 |
Balance sheet
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | TWD 789.9m | TWD 704.6m | TWD 716.3m | TWD 735.3m | TWD 553.8m | TWD 572.5m | TWD 660.5m | TWD 471.6m | TWD 532.3m | TWD 171.2m |
| Cash and short-term investments | — | — | — | — | — | TWD 208.7m | TWD 406.6m | TWD 429.3m | TWD 494.1m | TWD 138.3m |
| Total liabilities | TWD 104.9m | TWD 78.4m | TWD 88.4m | TWD 88.9m | TWD 130.9m | TWD 103.4m | TWD 136.1m | TWD 9.3m | TWD 11.5m | TWD 5.8m |
| Debt | — | — | — | — | — | TWD 76.2m | TWD 76.1m | — | — | — |
| Shareholders' equity | TWD 685.1m | TWD 626.2m | TWD 627.9m | TWD 646.4m | TWD 422.9m | TWD 469.0m | TWD 524.4m | TWD 462.3m | TWD 520.8m | TWD 165.4m |
| Shares outstanding | 42m | 42m | 42m | 42m | 33m | 34m | 33m | 31m | 27m | 21m |
Cash flow
Fiscal years
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from operations | TWD 48.8m | TWD 18.4m | −TWD 10.2m | TWD 29.3m | −TWD 26.3m | −TWD 45.1m | −TWD 64.7m | −TWD 60.7m | −TWD 42.3m | −TWD 32.4m |
| Capital spending | −TWD 3.1m | −TWD 4.6m | −TWD 3.2m | −TWD 37.5m | −TWD 29.7m | −TWD 149.4m | −TWD 90.2m | −TWD 4.4m | −TWD 1.4m | −TWD 5.5m |
| Free cash flow | TWD 45.6m | TWD 13.8m | −TWD 13.4m | −TWD 8.2m | −TWD 56.0m | −TWD 194.5m | −TWD 154.9m | −TWD 65.1m | −TWD 43.6m | −TWD 37.9m |
| Dividends paid | — | — | −TWD 8.4m | — | — | — | — | — | — | — |
Latest quarters
By quarter end
| Jun 2026 | Mar 2026 | Dec 2025 | Sept 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sept 2024 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | TWD 36.9m | TWD 26.4m | TWD 46.2m | TWD 72.8m | TWD 33.8m | TWD 67.6m | TWD 29.1m | TWD 27.5m |
| Gross profit | TWD 18.0m | TWD 16.0m | TWD 24.0m | TWD 44.0m | TWD 19.4m | TWD 47.3m | TWD 15.9m | TWD 15.6m |
| Operating income | −TWD 3.1m | −TWD 3.8m | −TWD 199,000 | TWD 25.6m | TWD 5.0m | TWD 30.4m | −TWD 1.8m | −TWD 1.6m |
| Net income | TWD 622,000 | TWD 138,000 | TWD 3.8m | TWD 28.6m | −TWD 6.5m | TWD 33.0m | TWD 1.7m | −TWD 1.2m |
| Diluted earnings per share | 0.01 | 0.00 | 0.09 | 0.68 | -0.16 | 0.79 | 0.04 | -0.03 |
| Cash from operations | −TWD 51.0m | TWD 1.0m | −TWD 7.0m | TWD 23.0m | — | TWD 32.0m | TWD 15.0m | TWD 11.0m |
| Capital spending | −TWD 4.0m | −TWD 1.0m | −TWD 1.0m | −TWD 1.0m | — | — | −TWD 1.0m | −TWD 1.0m |
| Free cash flow | −TWD 55.0m | TWD 0 | −TWD 8.0m | TWD 22.0m | — | — | TWD 14.0m | TWD 10.0m |
| Total assets | TWD 731.1m | TWD 772.6m | TWD 789.9m | TWD 767.1m | TWD 724.1m | TWD 732.2m | TWD 704.6m | TWD 697.7m |
| Shareholders' equity | TWD 643.8m | TWD 643.2m | TWD 685.1m | TWD 681.3m | TWD 652.7m | TWD 659.2m | TWD 626.2m | TWD 624.5m |
Financial ratios
Data as of 1 Nov 2026
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|
| Gross margin | 68.7% | 59.3% | 64.7% | 71.0% | 77.1% |
| Operating margin | 27.1% | -1.7% | -11.2% | 27.3% | -136.1% |
| Net margin | 26.7% | -1.8% | -13.9% | 26.5% | -113.8% |
| Return on equity | 8.6% | -0.3% | -1.6% | 5.2% | -11.2% |
| Return on assets | 7.5% | -0.2% | -1.4% | 4.6% | -8.6% |
| Revenue growth | 128.2% | 32.6% | -42.8% | 205.5% | — |
| Earnings growth | -3502.2% | -82.9% | -130.0% | -171.2% | — |
| Current ratio | 8.53x | 14.39x | 11.30x | 13.74x | 2.77x |
| Equity ratio | 86.7% | 88.9% | 87.7% | 87.9% | 76.4% |
| Interest coverage | 80.52x | -2.10x | -9.36x | 35.69x | -55.07x |
| R&D as a share of sales | 10.7% | 32.2% | 31.3% | 25.2% | 156.9% |
Growth per year
Compound annual rate
| 3 years | 5 years | 10 years | |
|---|---|---|---|
| Revenue | 20.1% | 64.9% | 78.2% |
| Operating income | 33.7% | — | — |
| Net income | 20.4% | — | — |
Average margins
Over each period
| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Gross margin | 60.6% | 63.7% | 65.3% | 65.6% |
| Operating margin | 15.6% | 11.8% | -10.6% | -57.3% |
| Net margin | 18.0% | 15.6% | -3.8% | -47.8% |
Valuation history
At each fiscal year end
| FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|
| Price to earnings | 33.1 | -829.3 | -129.8 | 43.2 | -17.3 | -17.8 | -17.1 | -24.4 | -35.9 |
| Price to sales | 8.9 | 14.9 | 18.1 | 11.4 | 19.6 | 54.6 | 73.7 | — | — |
Dividends and splits
Per share, in the currency the company pays
Paid for 0 years. Last went ex-dividend on 9 Aug 2023.
| FY2023 | |
|---|---|
| Paid in the year | 0.20 |
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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